Apple is rumored to be collaborating with LG to develop two foldable iPhones. Although the company’s latest iPhone 13 has yet to be released, it is now looking at what future products could be derived from the iPhone maker.
According to Business koreaApple has teamed up with LG to develop two 7.5-inch foldable OLED displays for upcoming devices. According to sources in the report, Apple is developing two devices that are similar in design to Samsung’s Galaxy Z Flip 3 and Galaxy Z Fold 3. and iPad.
As of now, Samsung particularly dominates the foldable smartphone market. Although LG had launched alternative foldable phones like the G8X, the company’s involvement in smartphones no longer exists. Huawei and Motorola also have their own foldable devices. However, Apple has yet to make a splash. That said, sources are skeptical whether Apple can turn the market in its favor.
“Apple will not be able to lead the foldable smartphone market for a while with the market led by Samsung Electronics and Chinese manufacturers such as Huawei and Xiaomi launching such products,” said an industry source. According to market research firm DSCC, Samsung Electronics’ share of this market rose to 87 percent last year and is unlikely to fall below 75 percent even after the debut of Apple’s first folding smartphone. “
No further details are given on the two foldable iPhones, except that a version is expected in 2023. Previously, Apple analyst Ming-Chi Kuo has also linked a 2023 release for Apple’s first foldable iPhone.